Roper Industries, Inc. was incorporated on December 17, 1981 under the laws
of the State of Delaware. We are a diversified growth company that designs,
manufactures and distributes energy systems and controls, scientific and industrial
imaging products and software, industrial technology products and radio frequency
(“RF”) products and services. We market these products and services
to selected segments of a broad range of markets including RF applications,
water, energy, research and medical, education, security and other niche markets.
Our operations are reported in four market-focused segments around common customers,
markets, sales channels, technologies and common cost opportunities. The segments
are: Industrial Technology, Energy Systems and Controls, Scientific and Industrial
Imaging, and RF Technology.
Our Scientific and Industrial Imaging segment principally offers high performance
digital imaging products and software, patient positioning products and software
in medical applications and handheld and vehicle mount computers and software.
Our Energy Systems and Controls segment principally produces control systems,
fluid properties testing equipment, industrial valves and controls, vibration
and other non-destructive inspection and measurement products and solutions,
which are provided through six U.S.-based operating units.
Our Industrial Technology segment produces industrial pumps, equipment and
consumables for materials analysis, industrial leak testing equipment, flow
measurement and metering equipment and water meter and automatic meter reading
(“AMR”) products and systems.
Our RF Technology segment provides radio frequency identification (“RFID”)
and other communication related technology and software solutions that are used
primarily in comprehensive toll and traffic systems and processing, security
and access control, campus card systems, freight matching, mobile asset tracking
and water sub-metering and remote monitoring applications.
Competition
Generally, our products and solutions face significant competition, usually
from a limited number of competitors. We believe that we are a leader in most
of our markets, and no single company competes with us over a significant number
of product lines. Competitors might be large or small in size, often depending
on the life cycle and maturity of the technology employed. We compete primarily
on product quality, performance, innovation, technology, price, applications
expertise, distribution channel access and customer service capabilities.
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